Closed-End Fund Advisors, Inc.
•CIK: 2103520•Filing: Q4 2025
**Closed-End Fund Advisors, Inc.** manages $169M across a diversified portfolio of 185 positions. The fund exhibits concentrated exposure, with top holdings including NCDL at $7.4M and BCSF at $5.9M. Significant allocations are also maintained in GBDC ($5.7M), TRIN ($5.5M), and NMFC ($5.4M). This structure suggests a tactical approach targeting specific, high-conviction names within the closed-end fund sector.
Total AUM
$169.3M
QoQ Performance
N/A
Positions
182
Top 10 Concentration
30.5%
Latest Filing
Q4 2025
Top Holdings Allocation
NCDL4.4%
BCSF3.5%
GBDC3.3%
TRIN3.2%
NMFC3.2%
MSDL2.8%
OBDC2.7%
CION2.7%
📈 Biggest Buys
📉 Biggest Sells
No reductions this quarter
Sector Breakdown
Other98.9%
Technology0.5%
Healthcare0.4%
Consumer0.2%